Adobe Systems Inc. reported fourth-quarter sales and profit that topped estimates as customers embraced its flagship Creative Suite software. Profit was 61 cents a share on sales of $1.15 billion, the San Jose, Calif.-based company said. Analysts expected profit of 56 cents on $1.1 billion. Chief executive Shantanu Narayen is transitioning the world’s largest maker of graphic design software to offer more of its products over the Web and on mobile devices.
Associated Press December 15, 2012
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